This income producing property includes 4 structures, 2 duplexes all 1 bed 1 bath, 1 single Family Cottage with 2 Bedrooms 1 Bath and a Triplex with two 1 bedroom 1 bath and an efficiency apt. The two duplexes and the 2 bedroom cottage the tenants pay their water, sewer and Electric. The triplex Owner pays water, sewer and electric. There is shared Laundry room, Washer and Dryer for tenants use. Owner has a Storage Shed onsite for tools, lawnmower etc. Property generated $9640 a month in rent. City water, City Sewer all assessments paid. All exteriors of buildings have been painted in the last 12 months, All Apartment Rentals interiors have been painted in the last 12 months. Triplex has Metal Roof and new roll roof on the efficiency, 1 duplex and cottage have 5 year old roof, the other duplex has 6.5 year old roof. Cap Rate .0747. Property is right up the street from the Intercoastal.
Property Details
Price:
$1,299,900
MLS #:
A4621761
Status:
Active
Beds:
0
Baths:
0
Address:
1994 MASSACHUSETTS AVENUE
Type:
Multi Family
Subdivision:
GROVE CITY COVE
Neighborhood:
34224 – Englewood
City:
ENGLEWOOD
Listed Date:
Aug 28, 2024
State:
FL
Finished Sq Ft:
3,714
ZIP:
34224
Lot Size:
24,135 sqft / 0.55 acres (approx)
Year Built:
1988
Units:
8
Schools
Interior
Appliances
Dryer, Range, Refrigerator, Washer
Cooling
Wall/ Window Unit(s)
Flooring
Tile, Vinyl
Heating
None
Laundry Features
Common Area
Exterior
Construction Materials
Block, Concrete, Stucco
Exterior Features
Storage
Roof
Metal, Shingle
Financial
Tax Year
2023
Taxes
$12,579
Map
Community
- Address1994 MASSACHUSETTS AVENUE ENGLEWOOD FL
- SubdivisionGROVE CITY COVE
- CityENGLEWOOD
- CountyCharlotte
- Zip Code34224
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Courtesy of STARLINK REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
1994 MASSACHUSETTS AVENUE
ENGLEWOOD, FL
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